World Bank Funding of Credit Scoring & Fintech Falters in Ghana – Bright SimonsBy AdminNovember 5, 202411 One effect of Ghana becoming a “lower middle income country” a few years ago is that many donors retreated. The…
IMF projects 4% GDP growth for GhanaBy AdminOctober 27, 20241 The IMF has projected the country’s Gross Domestic Product, (GDP) growth at a rate of 4 percent for 2024, according…
Restructuring of Ghana’s external debts ‘to result in lower payments as bond exchanges finalise’ – WBBy AdminOctober 23, 20242 Rising external debt mirrors the changes in the composition of external debt creditors.
Cedi ranked 4th weakest in Sub-Saharan Africa – WBBy AdminOctober 23, 20241 Ethiopia, Ghana, and Nigeria are among the worst-performing in Africa this year, with their currencies continuing to weaken under mounting pressure for foreign exchange,” the report stated.
Fitch assigns Ghana’s new dollar bonds at CCC+By AdminOctober 21, 20241 Fitch Ratings has assigned Ghana’s new US dollar bonds, issued on 9 October 2024, a ‘CCC+’ rating. Fitch also has…